3,220 results found

A non-charitable, non-profit organization is required by the Income Tax Act of Canada to be "operated for a purpose other than profit."

On May 17, 2019, the Ministère des Finances du Québec (the Ministry) released Information Bulletin 2019-5 announcing, among other things, new mandatory disclosure requirements

Davis LLP’s Adrienne Woodyard, partner in the firm’s Toronto office, discusses director tax assessments and who the Canada Revenue Agency (CRA) holds liable in the case of failing to submit proper taxes.

Our firm's July 5, 2021 podcast described the saga of Bill C-208 (a Canadian private members bill that provides for inter-generational transfers of certain shares of Canadian-controlled private corporations)...

In this episode of TaxBreaks, Kenneth Keung and Kim GC Moody discuss year-end tax loss selling that is very common towards the end of the calendar year.

Join us for a listen as Kenneth Keung, Aasim Hirji and Kim G C Moody have a spirited and wide ranging discussion about the implications of Deans Knight.

On April 16, 2024, Canada's Deputy Prime Minister and Minister of Finance, Chrystia Freeland, delivered the Liberal Government's federal budget, Fairness for Every Generation (Budget 2024).

Year-end tax tactics are numerous and may be quite lucrative if you act before year-end. Many of these tax tips will be covered elsewhere.

The long awaited instructions for Form W-8BEN-E were finally posted on the IRS website on June 24, 2014.

Are you a US citizen living abroad? Did you know that the US taxes on both citizenship and residency? If you're a US citizen, you are required to file yearly tax returns with the IRS – even if you don't live on US soil.

Benefit without cost invites scrutiny: Courts scrutinize tax structures that offer benefit without tradeoff, and when they find this gap, they side with the CRA and uphold the reassessment.

The list of affected taxpayers is to be compiled by the Internal Revenue Service using a threshold of US$50,000 of unpaid federal taxes, including penalties and interest, which amount will be adjusted for inflation.

On November 14, 2016, the Ontario Minister of Finance, Charles Sousa, presented the 2016 Ontario Economic Outlook and Fiscal Review in the Ontario Legislature.

On Thursday, February 18, 2016, the Ministry of Finance (Ontario) (the "MOF") quietly filed an amendment to the land transfer tax regulations which has potentially far reaching consequences.

With the 2017 federal budget likely due to be released in late February or March, there is speculation that the government may curtail the preferential tax treatment afforded to gains on the disposition of capital property

Tax lawyer Samantha Prasad, LLB, TEP, co-presented "Latest Tax Issues & Update in the Time of COVID-19" with Yaron Orgil, CIMA®, FCSI®, of Richardson GMP Ltd. on tax assistance available...

The Federal Court dismissed two requests from the Canada Revenue Agency (CRA) that would have, if accepted, compelled Shopify to disclose six years of data from its merchants.